Bombardier Inc. T.BBD.A

RE:RE:Another Week

[DunceMonk]

I think the same. I feel not real at this time. All the countries are taking the chance to reset part of the system...

flamingogold wrote: Q2 will stink because of the shutdowns for all affected companies. There will no summer break this year... we are having it now. Once the ban and social distancing is lifted, the economy will roar back as people come out of hibernation.

DBNORTH wrote: My wife and her nurse friends are spreading rumours that Sunnybrooke will not be admitting patients over 60.  I've been told to stay home just in case we ever get to that.  I may go out in the garage and build a ventilator of my own.  Might use a low presure regulator from the barbie and a relief valve.  Still thinking it over.

Anyways, trying to recover my money in this stock out of stubornness!  Best approach seems to be to assume she will drop a few more cents each cycle and expect a lower low.  I bought at .455 and now I'll make another larger purchase below .40.  I think we will go to .35 but who knows.  Seems plausible since we have already been to .38.    Then some Bomber specific rumour or a glimmer of hope in the US will move markets back up again sometime next week.  If you can make 10% each cycle, I'd say that's good.  I'll use a stop about 3 cents under the price to get out once in the profits.  What else are you to do?  This thing could go to .25 and  we all know its worth multiples of that but why hold it down to that level?  This isn't RY.  The long term prospects are not guaranteed.  Good luck.

Oh!  Just finished my 2018 taxes and I made money in the Bomber when I sold a pile of shares at 4.71.  Wish to hell I had dumped everything at that time and didn't believe the fairytale that was being pumped.  But I guess almost everyone here is in that club....and a whole lot of people that came to their senses and dumped this cra&p since the fall of 2018.  Good on them!

On a brighter note, the deliveries for Q1 were pretty good.  Too bad Q2 is going to stink.  Can't catch a break.  And for those of you that have been around for a while, you know that the Bomber has a lot of down time for summer vacations - and Q3 seems to suffer.